HSBC Malta has launched another equity linked deposit account in various currencies.

The ELDA offers depositors capital security and the potential of higher annual returns and will be offered in euro, sterling and US dollar.

Customers will benefit from a return linked to the performance of a currency basket composed of the Brazilian real, Russian rouble, Indian rupee, and the Chinese renminbi against the euro, sterling or US dollar, depending on the denominated currency chosen.

This four-year fixed deposit account can yield up to 6.25 per cent interest per annum for the euro and sterling options, or up to 5.1 per cent per annum for the US dollar option. The minimum deposit required to open an account is €2,500, £2,500 or US$2,500.

The limited issue closes on March 24 or earlier if over-subscribed.

More information is available from the bank’s customer service on 2380 2380, at www.hsbc.com.mt or HSBC branches.

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